CRU Expands Battery Metals Prices

Date: Sep 13, 2018

Global demand for electric vehicles (EVs) is projected to surge through the next decade and beyond as battery technologies improve and government policy promotes sustainable transport. As battery chemicals become commoditised and grow in importance, CRU is expanding on its strong pedigree of assessing battery metals like cobalt, nickel and vanadium to include a wide range of battery-grade chemicals.

CRU’s Battery Metals Market Outlook provides a 25-year demand forecast, covering commodities relevant to the development of EVs, battery storage and related technology. This service focuses on both scenario and demand-driven long-term analysis across a range of key commodities, including lithium, cobalt, nickel, manganese and graphite.

To support CRU’s strong technology metal analysis and prices services, a set of new weekly prices will be assessed by a global team of market analysts. Chinese cobalt metal, Chinese cobalt sulfate, nickel sulfate, and lithium prices will be included in the Battery Metals Market Outlook and related services.

Scott Yarham, CRU’s prices Lead for battery metals, said “CRU has, by the far, the firmest grip on these markets in terms of analysis and research – therefore assessing prices was a great addition. Our teams in Shanghai, Pittsburgh, London and Beijing will be working to ensure CRU is the best source for the essential price information in these markets.”